Redaelli deal tied-up

News-in-print

German wire rope manufacturer Teufelberger has closed the acquisition of the Italian wire rope manufacturer Redaelli Tecna from its Russian owner JSC Severstalmetiz, following completion of the required antitrust review process. The deal creates a new group that Teufelberger said is one of the top three wire rope producers globally, with approximately 1,300 employees and a turnover of €240M in 2016.

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Redaelli deal tied-up ‣ WorldCargo News

Redaelli deal tied-up

News-in-print

German wire rope manufacturer Teufelberger has closed the acquisition of the Italian wire rope manufacturer Redaelli Tecna from its Russian owner JSC Severstalmetiz, following completion of the required antitrust review process. The deal creates a new group that Teufelberger said is one of the top three wire rope producers globally, with approximately 1,300 employees and a turnover of €240M in 2016.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

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Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.